EXHIBIT 11.1
STATEMENT OF COMPUTATION OF EARNINGS PER SHARE
Three Months Ended | Three Months Ended | |||||||||||||||
June 30, 2007 | June 30, 2006 | |||||||||||||||
Earnings | Earnings | |||||||||||||||
Shares | Per Share | Shares | Per Share | |||||||||||||
(in Thousands) | (in Thousands) | |||||||||||||||
Basic Weighted Average Shares Outstanding | 7,188 | $ | 0.38 | 7,176 | $ | 0.36 | ||||||||||
Diluted | ||||||||||||||||
Average Shares Outstanding | 7,188 | 7,176 | ||||||||||||||
Common Stock Equivalents | 10 | 1 | ||||||||||||||
7,198 | $ | 0.38 | 7,177 | $ | 0.36 |
Six Months Ended | Six Months Ended | |||||||||||||||
June 30, 2007 | June 30, 2006 | |||||||||||||||
Earnings | Earnings | |||||||||||||||
Shares | Per Share | Shares | Per Share | |||||||||||||
(in Thousands) | (in Thousands) | |||||||||||||||
Basic Weighted Average Shares Outstanding | 7,185 | $ | 0.72 | 7,173 | $ | 0.69 | ||||||||||
Diluted | ||||||||||||||||
Average Shares Outstanding | 7,185 | 7,173 | ||||||||||||||
Common Stock Equivalents | 11 | 2 | ||||||||||||||
7,196 | $ | 0.72 | 7,175 | $ | 0.69 |